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Asia Media Group Berhad
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Annual Report 2015
Notes to the Financial Statements
(continued)
pg.
97
6.
Other intangible assets
Group
2015
2014
RM
RM
Cost
At 1 January/31 December
2,367,750 2,367,750
Accumulated amortisation
At 1 January
947,100
710,325
Amortised during the financial year (Note 17)
236,775
236,775
At 31 December
1,183,875
947,100
Accumulated impairment losses
At 1 January
–
–
Impairment losses during the financial year (Note 17)
887,639
–
At 31 December
887,639
–
Net carrying amount
296,236 1,420,650
Other intangible assets principally comprise licensing rights in respect of the digital live transit-
TV broadcasting.
The remaining amortisation period of the licensing rights at the end of the financial year is 5
years.
As disclosed in Note 5(b), an impairment loss of RM887,639 (2014: RM Nil), representing the
write-down of other intangible asset to the recoverable amount was recognised in profit or loss
due to pro-longed delay in rolling out the digital live transit-TV broadcasting.